Withdrawal of Legal Tender Character of Specified Bank Notes – Compliance with provisions of 114B of the Income Tax Rules, 1962
Posted Date : 16-Nov-2016 , 05:23:29 pm | Posted By: CASANSAAR
RBI/2016-17/135
DCM (Plg) No.1287/10.27.00/2016-17
November 16, 2016
The Chairman / Managing Director/Chief Executive Officer
Public Sector Banks / Private Sector Banks/ Foreign Banks
Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks
Dear Sir,
Withdrawal of Legal Tender Character of Specified Bank Notes –
Compliance with provisions of 114B of the Income Tax Rules, 1962
Please refer to ourCircular DCM (Plg) No.1226/10.27.00/2016-17 dated November ...
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RBI |
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Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch Licensing - Census data 2011
Posted Date : 16-Nov-2016 , 05:22:34 pm | Posted By: CASANSAAR
RBI/2016-17/134
DBR.RRB.BC.No.36/31.01.002/2016-17
November 16 , 2016
All Regional Rural Banks
Dear Sir / Madam,
Section 23 of the Banking Regulation Act, 1949 - Master Circular on Branch
Licensing - Census data 2011
Please refer to our Master circular on Branch LicensingDBR.CO.RRB.BL.BC.No.17/31.01.002/2015-16 dated July 1, 2015. As the Census data for 2011 are available in public domain, Regional Rural Banks are advised to follow Census 2011 for all purposes of categorisations...
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RBI |
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Deferred payment of Customs duty - CBEC
Posted Date : 16-Nov-2016 , 10:05:04 am | Posted By: CASANSAAR
Kind attention is invited to Customs Notification No. 134/2016-Customs (N.T) & 135/2016-Customs (N.T.) dated 2" November, 2016 permitting Importers certified under Authorized Economic Operator Programme as AEO (Tier-Two) and AEO (Tier-Three) to make deferred payment of duty of Customs....
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Custom |
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Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch for SBNs
Posted Date : 16-Nov-2016 , 10:01:30 am | Posted By: CASANSAAR
RBI/2016-17/133
DCM (Plg) No.1280/10.27.00/2016-17
November 15, 2016
The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks/ Foreign Banks
Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks
Dear Sir
Standard Operating Procedure (SOP) for putting indelible ink on the finger of the customers coming to a bank branch for SBNs
...
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RBI |
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Usage of ATMs – Waiver of customer charges
Posted Date : 14-Nov-2016 , 08:51:44 pm | Posted By: CASANSAAR
RBI/2016-17/132
DPSS.CO.PD.No.1240/02.10.004/2016-2017
November 14, 2016
The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs / Urban Co-operative Banks /
State Co-operative Banks / District Central Co-operative Banks
White Label ATM Operators
Dear Madam/ Sir,
Usage of ATMs – Waiver of customer charges
A reference is invited to thecircular DPSS.CO.PD.No.316/02.10.002/2014-2015 dated August 14, 2014on rationalisation ...
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RBI |
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Expanding the distribution locations for deposit and withdrawal of cash - RBI
Posted Date : 14-Nov-2016 , 08:50:54 pm | Posted By: CASANSAAR
RBI/2016-17/131
DCM (Plg) No. 1274/10.27.00/2016-17
November 14, 2016
The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks/ Foreign Banks
Regional Rural Banks / Urban Co-operative Banks / State Co-operative Banks/
District Central Cooperative Banks
Dear Sir,
Withdrawal of Legal Tender Character of Specified Bank Notes –
Expanding the distribution locations for deposit and withdrawal of cash
Please refer to ourCircular No. ...
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RBI |
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Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Bank Notes – Applicability of the Scheme to DCCBs
Posted Date : 14-Nov-2016 , 08:49:53 pm | Posted By: CASANSAAR
RBI/2016-17/130
DCM (Plg) No.1273/10.27.00/2016-17
November 14, 2016
The Chairman / Managing Director/Chief Executive Officer,
Public Sector Banks / Private Sector Banks/ Foreign Banks/Regional Rural
Banks / Urban Co-operative Banks / State Co-operative Banks/ District Central
Cooperative Banks
Dear Sir,
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs
Please refer to ourCircular No. DCM (Plg) No....
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RBI |
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Issue of Pre-Paid Instruments to foreign tourists
Posted Date : 11-Nov-2016 , 09:46:12 pm | Posted By: CASANSAAR
RBI/2016-17/127
A.P. (DIR Series) Circular No. 17
November 11, 2016
To
All Authorised Persons
Madam / Sir,
Issue of Pre-Paid Instruments to foreign tourists
Attention of Authorised Persons is invited to theA.P. (DIR Series) Circular No. 16 dated November 9, 2016on Withdrawal of the legal tender character of the existing and any older series banknotes in the denominations of ₹ 500 and ₹ 1000.
2. The circular inter alia instructs Authorized Persons to facilitate exchange ...
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FEMA |
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Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Bank Notes – Reporting and Monitoring
Posted Date : 11-Nov-2016 , 09:45:29 pm | Posted By: CASANSAAR
RBI/2016-17/125
DCM (Plg) No.1264/10.27.00/2016-17
November 11, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ Cooperative Banks
Dear Sir,
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Reporting and Monitoring
Please refer to Para 4 (Reporting Mechanism) of DCM, COCircular DCM (Plg) No.1226/10.27.00/2016-17 da...
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RBI |
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Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Bank Notes –Limit for Withdrawal of Cash
Posted Date : 11-Nov-2016 , 09:41:36 pm | Posted By: CASANSAAR
RBI/2016-17/124
DCM (Plg) No.1256/10.27.00/2016-17
November 11, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/
Regional Rural Banks / Urban Cooperative Banks/
State Cooperative Banks
Dear Sir
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes –Limit for Withdrawal of Cash
Please refer to ourcircular DCM (Plg) No.1251/10.27.00/2016-17 November 10, 2016on the capti...
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RBI |
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Limit for Withdrawal of Cash - RBI
Posted Date : 11-Nov-2016 , 08:00:25 am | Posted By: CASANSAAR
RBI/2016-17/123
DCM (Plg) No.1251/10.27.00/2016-17
November 10, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/
Regional Rural Banks / Urban Cooperative Banks/
State Cooperative Banks
Dear Sir
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes –Limit for Withdrawal of Cash
Please refer to ourcircular DCM (Plg) No.1226/10.27.00/2016-17 November 08, 2016.
2. In t...
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RBI |
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Schemes for Stressed Assets - Revisions
Posted Date : 11-Nov-2016 , 07:58:30 am | Posted By: CASANSAAR
RBI/2016-17/122
DBR.No.BP.BC.34/21.04.132/2016-17
November 10, 2016
All Scheduled Commercial Banks
(Excluding RRBs),
All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Non-Banking Financial Companies, including
Securitisation Companies/ Reconstruction Companies
Madam / Dear Sir,
Schemes for Stressed Assets - Revisions
In the recent past, the Reserve Bank of India has taken various regulatory measures to strengthen the lenders’ abilit...
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RBI |
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Scheme for Sustainable Structuring of Stressed Assets - Revisions
Posted Date : 11-Nov-2016 , 07:57:37 am | Posted By: CASANSAAR
RBI/2016-17/121
DBR.No.BP.BC.33/21.04.132/2016-17
November 10, 2016
All Scheduled Commercial Banks
(Excluding RRBs),
All-India Term-lending and Refinancing Institutions
(Exim Bank, NABARD, NHB and SIDBI)
Non-Banking Financial Companies, including
Securitisation Companies/ Reconstruction Companies
Madam / Dear Sir,
Scheme for Sustainable Structuring of Stressed Assets - Revisions
We invite a reference to the paragraph 6 of the Statement on Developmental and Regulatory Policie...
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RBI |
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Guidelines on capital requirements for bank exposures to central counterparties
Posted Date : 11-Nov-2016 , 07:56:48 am | Posted By: CASANSAAR
RBI/2016-17/120
DBR.No.BP.BC.30/21.06.201/2016-17
November 10, 2016
The Managing Director/
Chief Executive Officer
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Madam / Dear Sir,
Guidelines on capital requirements for bank exposures to central counterparties
Please refer to the paragraph 4 ofStatement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue final guidelines on capital requirements...
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RBI |
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Guidelines for computing exposure for counterparty credit risk arising from derivative transactions
Posted Date : 11-Nov-2016 , 07:55:56 am | Posted By: CASANSAAR
RBI/2016-17/119
DBR.No.BP.BC.29/21.06.201/2016-17
November 10, 2016
The Managing Director/
Chief Executive Officer of
All Scheduled Commercial Banks
(Excluding Regional Rural Banks)
Madam / Dear Sir,
Guidelines for computing exposure for counterparty credit risk arising from derivative transactions
Please refer to the paragraph 4 of theStatement on Developmental and Regulatory Policies issued by RBI on October 4, 2016. It was indicated therein that RBI will issue final guideli...
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RBI |
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Setting up of IFSC Banking Units (IBUs) – Permissible activities
Posted Date : 11-Nov-2016 , 07:55:10 am | Posted By: CASANSAAR
RBI/2016-17/118
DBR.IBD.BC.32/23.13.004/2016-17
November 10, 2016
Chairman/Managing Director and CEOs
All Scheduled Commercial Banks (excluding Regional Rural Banks)
Dear Sir/Madam,
Setting up of IFSC Banking Units (IBUs) – Permissible activities
Please refer to ourcircular DBR.IBD.BC.14570/23.13.004/2014-15 dated April 01, 2015setting out RBI directions relating to IFSC Banking Units (IBUs). We have received a few suggestions and queries during the last few months refle...
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RBI |
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RTGS, NEFT, Cheque Clearing, Repo, CBLO and Call markets to remain open on Saturday and Sunday
Posted Date : 10-Nov-2016 , 07:13:59 pm | Posted By: CASANSAAR
RBI/2016-17/116
DPSS (CO) RTGS No.1212/04.04.002/2016-17
November 10, 2016
The Chairman / Managing Director and Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/
Small Finance Banks / Regional Rural Banks / Local Area Banks
All Cooperative Banks
Dear Sir,
Payment Systems (RTGS, NEFT, Cheque Clearing, Repo, CBLO and Call markets) to remain open on Saturday, November 12 and Sunday, November 13, 2016
Consequent to the banks being open for public ...
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RBI |
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Repo / Reverse Repo Transactions with RBI
Posted Date : 10-Nov-2016 , 07:12:19 pm | Posted By: CASANSAAR
RBI/2016-17/117
FMOD.MAOG.No.116/01.01.001/2016-17
November 10, 2016
All Scheduled Commercial Banks
(Excluding Regional Rural Banks),
Scheduled Urban Co-operative Banks and
Standalone Primary Dealers
Dear Sir/Madam,
Repo / Reverse Repo Transactions with RBI
Please refer tocircular No. FMRD.DIRD.10/14.03.002/2015-16 dated May 19, 2016, on the captioned subject.
2. In thi...
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RBI |
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Rebate of State Levies on Export of Garments - revised rates regarding
Posted Date : 09-Nov-2016 , 10:15:50 pm | Posted By: CASANSAAR
Attention is drawn to Ministry’s Circular Nos.43/2016-Customs dated 31.08.2016 and 47/2016-Customs dated 20.10.2016 regarding implementation of the Scheme for Rebate of State Levies on Export of Garments, 2016 (ROSL Scheme) notified by the Ministry of Textiles...
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Category :
Custom |
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Regarding Limit for acceptance of cash from Foreign Tourist
Posted Date : 09-Nov-2016 , 10:09:25 pm | Posted By: CASANSAAR
RBI/2016-17/113
A.P. (DIR Series) Circular No. 16
November 09, 2016
To
All Authorised Persons
Madam / Sir,
Withdrawal of the legal tender character of the existing and any older series
banknotes in the denominations of ₹ 500 and ₹ 1000
1. Attention of Authorised Persons is invited to the Government of India Notification published in the Gazette of India vide S.O.3408(E) dated Nov...
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FEMA |
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Section 115BA - Depreciation restricted to 40%
Posted Date : 09-Nov-2016 , 10:06:43 pm | Posted By: CASANSAAR
MINISTRY OF FINANCE
(Department of Revenue)
(CENTRAL BOARD OF DIRECT TAXES)
Notification No. 103/2016
New Delhi, the 7th November, 2016
Income Tax
S.O. 3399(E).-In exercise of the powers conferred by section 32, section 115BA and section 295 of the Income-tax Act, 1961 (43 of 1961), the Central Board of Direct Taxes, hereby, makes the following rules further to amend the Income-tax Rules, 1962, namely:-
(1) These rules may be called the Income-tax (29th Amendme...
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Category :
Income Tax |
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Combind Annual Return Form for Central Excise & Service Tax
Posted Date : 09-Nov-2016 , 07:27:13 am | Posted By: CASANSAAR
Circular No. 1050/38/2016-CX
F.No. 207/0512014-CX.6
Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise and Customs
North Block, New Delhi Dated the 8th of November, 2016
To,
The Principal Chief Commissioners/ Chief Commissioners of Central Excise (All)
The Principal Chief Commissioners/ Chief Commissioners of Central Excise and Service Tax (All)
The Principal Chief Commissioners/ Chief Commissioners of Service Tax (All)
The Principal ...
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Category :
Service Tax |
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Companies (Registration Offices and Fees) Second Amendment Rules, 2016 - MCA
Posted Date : 09-Nov-2016 , 07:24:32 am | Posted By: CASANSAAR
G.S.R.......(E).-In exercise of thc powers conferred bv section 396, 398,399,403 and 404 read with sub-section (l) and (2)of section 469 of the Companies Act 2013, the Central Government hereby makes the rules further to amend the Companies (Registered Offices and Fess) Rules 2014, namely :-
...
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Companies Act |
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Withdrawal of Legal Tender Character of existing Rs.500/- and Rs.1000/- Bank Notes
Posted Date : 09-Nov-2016 , 07:22:23 am | Posted By: CASANSAAR
RBI/2016-17/112
DCM (Plg) No.1226/10.27.00/2016-17
November 08, 2016
The Chairman / Managing Director/ Chief Executive Officer,
Public Sector Banks/ Private Sector Banks / Foreign Banks/ Regional Rural
Banks / Urban Cooperative Banks/ State Cooperative Banks
Dear Sir
Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes
In terms of Gazette Notification No 2652 dated November 08, 2016 issued by Government of India, ₹ 500 and ₹ 1000 denomination...
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Category :
RBI |
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ATMs –Non-dispensing of Old High Denomination Notes – Closure of operations
Posted Date : 09-Nov-2016 , 07:21:19 am | Posted By: CASANSAAR
RBI/2016-17/111
DPSS.CO.PD.No./02.10.002/2016-2017
November 8, 2016
The Chairman and Managing Director / Chief Executive Officers
All Scheduled Commercial Banks including RRBs /Urban Co-operative Banks / State Co-
operative Banks /District Central Co-operative Banks/ Authorised ATM Network Operators /
Card Payment Network Operators/White Label ATM Operators
Madam / Sir,
ATMs –Non-dispensing of Old High Denomination Notes – Closure of operations
The Government of In...
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Category :
RBI |
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0 | Hits : 926
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External Commercial Borrowings (ECB) – Clarifications on hedging
Posted Date : 07-Nov-2016 , 10:28:46 pm | Posted By: CASANSAAR
RBI/2016-17/110
A.P. (DIR Series) Circular No. 15
November 07, 2016
To
All Category-I Authorised Dealer Banks
Madam / Dear Sir
External Commercial Borrowings (ECB) – Clarifications on hedging
Attention of Authorized Dealer Category-I (AD Category-I) banks is invited to paragraphs 2.i and 3 ofA.P. (DIR Series) Circular No.56 dated March 30, 2016and paragraph no. 2.5 ofMaster Direction No.5 dated January 1, 2016on ‘External Commercial Borrowings, Trade Credit, Borrowin...
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Category :
RBI |
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Issuance of Rupee denominated bonds overseas by Indian banks - RBI
Posted Date : 04-Nov-2016 , 08:38:10 am | Posted By: CASANSAAR
RBI/2016-17/107
A.P. (DIR Series) Circular No. 14
November 03, 2016
To
All Category-I Authorised Dealer Banks
Madam / Dear Sir
Issuance of Rupee denominated bonds overseas by Indian banks
Attention of Authorised Dealer Category - I (AD Category - I) banks is invited to the measures announced by the Reserve Bank on August 25, 2016 for development of Fixed Income and Currency Markets in India which, inter alia, proposed to permit banks to issue Rupee Denominated Bonds overseas f...
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Category :
FEMA |
Comments :
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Dispensation of Rs.100 denomination banknotes through exclusive ATMs
Posted Date : 03-Nov-2016 , 07:59:43 am | Posted By: CASANSAAR
RBI/2016-17/106
DCM (CC) No.1170/03.41.01/2016-17
November 02, 2016
The Chairman & Managing Director /
Chief Executive Officer,
All Banks
Madam / Dear Sir,
Dispensation of Rs.100 denomination banknotes through exclusive ATMs
Please refer to ourcircular DCM (CC) G-10/3352/03.41.01/2015-16 dated May 5, 2016on the Currency Circulation and Exchange Scheme (CDES).
2. A review of steps taken by banks for installing ATMs dispensing lower denomination banknotes was conducted and...
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Category :
RBI |
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Chapter VIA deduction on enhanced profits after disallowance eligible
Posted Date : 03-Nov-2016 , 07:57:04 am | Posted By: CASANSAAR
F.No.279/Misc./140/2015/ITJ
Government of India
Ministry of Finance
Department of Revenue
Central Board of Direct Taxes
New Delhi
Circular No. 37/2016- Income Tax,
Dated: November 2, 2016
Subject: Chapter VI-A deduction on enhanced profits – Reg.
Chapter VI-A of the Income-tax Act, 1961 (“the Act”), provides for deductions in respect of certain incomes. In computing the profits and gains of a business activity, the Assessing Officer may make certa...
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Category :
Income Tax |
Comments :
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MCA Extends Annual ROC Form Filing last date to 29-11-2016
Posted Date : 28-Oct-2016 , 12:15:26 pm | Posted By: CASANSAAR
General Circular No. 12/2016
F. No. MCA 21/153/2012-E-Gov Cell
Government of India
Ministry of Corporate Affairs
5th Floor, “A” Wing, Shastri Bhawan
Dr. Rajendra Prasad Road, New Delhi-1
Dated: 27.10.2016
To
The Regional Directors,
All Registrar of Companies
All Stakeholders
Subject: Relaxation of additional fee and extension of last date of in filing AOC-4, AOC-4 (XBRL) AOC-4 (CFS) and MGT-7 e-forms under the Companies Act, 2013-regarding
Sir,
In...
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Category :
Companies Act |
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